Deals of the day-Mergers and acquisitions

360 Capital

31/01/2022 14:46

(Adds: Barratt Developments, Siltronic; Updates: Anglo American
Platinum, Citrix Systems, CMA CGM)
    Jan 31 (Reuters) - The following bids, mergers, acquisitions
and disposals were reported by 1445 GMT on Monday:

    ** Anglo American Platinum (Amplats)  AMSJ.J  will sell its
50% stake in its Kroondal and Marikana operations northwest of
Johannesburg to Sibanye Stillwater  SSWJ.J , the platinum group
metals miners (PGM) said on Monday.
     urn:newsml:reuters.com:*:nL4N2UB1MA
    
    ** Software company Citrix Systems  CTXS.O  said on Monday
it had agreed to be taken private for $16.5 billion including
debt by affiliates of Elliott Management and Vista Equity
Partners, which are seeking to tap the pandemic-driven boom in
cloud computing.
     urn:newsml:reuters.com:*:nL4N2UB2OV
    
    ** Britain's biggest housebuilder Barratt Developments
 BDEV.L  said on Monday it had bought land promoter Gladman
Developments Ltd for 250 million pounds ($335.85 million) to
help bolster its ability to source land.
     urn:newsml:reuters.com:*:nL4N2UB2CC
    
    ** The German government's review of the planned sale of
chipmaker Siltronic  WAFGn.DE  to Taiwanese rival GlobalWafers
 6488.TWO , which requires formal approval by the end of the
day, is still underway, a German Economy Ministry spokesperson
said on Monday.
     urn:newsml:reuters.com:*:nL8N2UB2O4
    
    ** French shipping giant CMA CGM said it had struck a
preliminary agreement to acquire a majority stake in French
delivery firm Colis Prive, as it continues to build up its
logistics business.
     urn:newsml:reuters.com:*:nL8N2UB2OV
                    
    ** Education group Pearson  PSON.L  has agreed to buy the
certification company Credly to expand its offering to
businesses looking to train and retain workers at a time of
tight labour markets and rapid technological innovation.
     urn:newsml:reuters.com:*:nL8N2UA0DQ
    
    ** Hedge fund Land & Buildings Investment Management has
informed LXP Industrial Trust  LXP.N  that it is interested in
acquiring the U.S. warehouse-focused real estate investment
trust for $4.5 billion, people familiar with the matter said on
Sunday.
     urn:newsml:reuters.com:*:nL1N2UA0GX
    
    ** Australia's Irongate Group  IAP.AX  said it has received
a A$1.29 billion ($908.93 million) takeover bid from a
partnership managed by property investor Charter Hall Group
 CHC.AX , topping a rejected offer by 360 Capital  TGP.AX .
     urn:newsml:reuters.com:*:nL1N2UA0H6
      
($1 = 1.4192 Australian dollars)
($1 = 0.7444 pounds)

 (Compiled by Akash Sriram and Rajarshi Roy in Bengaluru)
 ((akash.sriram@thomsonreuters.com))